Swiss-founded technology company, PrimeXM has appointed a new chief technology officer (CTO) to drive its evolving product portfolio and software development roadmap. The provider of FX bridge aggregation and institutional hosting solutions has promoted its current executive Constantinos Orphanides to take on the new role, according to his LinkedIn profile.
Following a career in the gambling industry, PrimeXM has originally hired Constantinos Orphanides back in April 2019 to lead its product development affairs. He was elevated to his expanded role as CTO to head the company’s overall technology strategy and provide guidance to engineering team members across branch offices in Limassol, Dubai and Shanghai.
As its chief technology officer, Orphanides will play a key role in the management and development of the group’s technological capabilities based out of Cyprus. His appointment comes after he held several similar roles at other venues over the course of a career spanning over 10 years.
Orphanides’ career encompasses various stints as IT Specialist at a real estate agency in Cyprus. Prior to that, he served as a senior lead software engineer at the gambling software company Playtech (LSE: PTEC). This was preceded by a two-year tenure in an analogous role with online gambling broker bet365.
Founded in 2010, PrimeXM’s key business focus is providing aggregation software, low-latency connectivity, hosting solutions, and high-end MT4/MT5 bridging and white labels. The Swiss-based technology company also offers a MetaTrader 5 Gateway low-latency connectivity to over 120 providers of forex and CFD liquidity.
In addition to their primary product XCore, PrimeXM offers hosting services in the most popular data centers used by the FX industry, such as Equinix LD4, NY4, and TY3, which enables clients to house their trading systems and algos in co-location to their execution engine and liquidity providers.